Board approves Dividend
ARIHANTCAP · price
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On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 2.7 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Arihant Capital Markets' Board meeting on May 21, 2026 approved the FY 2025-26 dividend of ₹0.50 per equity share (50% on ₹1 face value), subject to shareholder approval at the AGM. The company also reported significantly lower full-year profits with standalone net profit dropping 38% to ₹3,261.72 Lacs from ₹5,298.41 Lacs in the previous year, while consolidated net profit fell 46% to ₹3,146.25 Lacs. Total standalone income declined to ₹20,495.31 Lacs from ₹24,204.75 Lacs. Basic EPS fell from ₹5.09 to ₹2.98 standalone. The CFO has resigned effective May 31, 2026, and the registered office will shift within Indore city. Book closure date for dividend entitlement is yet to be announced.
The dividend is maintained at the previous year's level despite a sharp decline in profitability, which may be viewed positively by income-focused investors. However, the significant drop in earnings (EPS down ~42% standalone) could weigh on the stock price. The unchanged dividend signals management confidence in sustaining shareholder returns even during a challenging year.